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ZipNumbers

Tennessee · Census place 17680

Covington city, TN

Quick answer

Covington city has 8,612 residents, ranking #74 of 504 places in Tennessee. Median household income is $43,512, the median home is worth $163,900 and median gross rent runs $910 a month.

Population
8,612Covington city residents
Median household income
$43,512Past 12 months, inflation adjusted
Median home value
$163,900Owner-occupied units
Median gross rent
$910Rent plus utilities, monthly
Median age
35.1 yrsAll residents
Homeownership rate
48.2%Owner-occupied households

What the numbers mean in Covington city

Housing cost measured against local earnings.

A household earning the Covington city median would spend about 25.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.8% of residents and 48.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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